Gold Price Forecast: Bullish Momentum Retained – FX Empire
Potential for an inside day bullish breakout The inside day sets up a potential upward breakout on the upside above today’s high. Thursday’s high was around 2,425, which is the next important level as a break above this would trigger a continuation of the uptrend. The hammer characteristic of the inside day indicates continued bullish […]
Delta shares plunge after lower-than-expected profit forecast despite surge in travel
Delta Air Lines shares fell more than 5% on Thursday after the airline forecast weaker-than-expected quarterly profit despite a surge in travel demand this summer. Atlanta-based airline Delta forecast adjusted earnings per share of $1.70 to $2.00 for the third quarter ending in September, below analysts’ expectations of $2.05, and blamed discounting pressures at the […]
Silver (XAG) Daily Forecast: Price at $30.77; Rate Cut Speculation at 73% – FX Empire
Potential Federal Reserve Rate Cuts and Silver Prices The possibility of the US Federal Reserve (Fed) cutting interest rates has been a key factor in predicting silver prices, with the 10-year Treasury yield falling nearly 2 basis points to 4.27%, reflecting market expectations of a Fed rate cut. According to the CME FedWatch tool, there […]